Booms and Busts

But even "free market" media such as the Wall Street Journal cling to Keynesian pump-priming, which — by the media's own admission — didn't help Japan and in fact caused the housing boom.

Jeffrey Tucker offers insights into Greenspan's role in the 2008 economic crash.

Recorded at the Mises Institute Supporters Summit, 1 November 2008; Auburn, Alabama. 

John Steele Gordon’s “short history” of banking is filled with falsehoods.

There is, after all, a very keen similarity between Hamiltonian mercantilism — or an economy directed and controlled by government, supposedly "in the public interest" but in reality for the benefit of a privileged few — and the economic fascism of Italy (and Germany) of the 1920s and '30s.

Contrary to what Weisberg claims, the philosophy of freedom has, once again, been proven right.

Bankruptcy is a normal part of economic life, covered by laws that guarantee stockholders will be compensated as much as possible.

"The enemies of capitalism and economic freedom … use the accusation of 'laissez faire' as a kind of ratchet for increasing the government's power."

Austrian school capital theory and business-cycle theory are the best I have found.

We suggest that decades of reckless monetary policies by the Fed have severely depleted the pool of real savings.